UAW Local 365

UAW Local 365

UAW Local 365 operates as a small, stand-alone pension fund for a specific local chapter of the United Auto Workers, headquartered at the union hall on 39th Avenue in Long Island City, New York. It does not publish independent financial reports or a dedicated investment policy statement, and its total asset base is estimated to be negligible by institutional standards — well under $10 million (Altss estimate). The fund functions as a direct-pay defined-benefit vehicle tied to collectively bargained employer contributions, with a governance structure that reports through the local's executive board rather than a professionalized investment committee. The fund's deployment strategy is constrained entirely by scale and regulatory posture. With an asset pool too small to support direct private investments, manager diversification, or non-liquid allocations, the fund likely operates through a limited set of fiduciary insurance-wrapped vehicles, potentially including group annuity contracts or pooled union target-date funds. It carries a political fingerprint distinct from institutional peers: the local's officers — particularly Treasurer Robert Madore and regional PAC chair Charlie Gibbons — also operate two registered campaign committees that direct contributions to New York City and State candidates, creating a governance overlap between fiduciary pension administration and active political disbursements. Administrative operations remain housed at the single union hall location. The local is an affiliate of the International Union, UAW, alongside a relationship with the National Housing Trust Fund. There is no evidence of a formal investment consultant relationship, separately managed accounts, or outside OCIO engagement. A recent operational marker is not publicly available; the fund's last detectable regulatory footprint is its ongoing registration with the New York City Campaign Finance Board as a connected political committee entity. The fund's most significant structural differentiator is not investment complexity: it is the co-location of regulated pension assets and politically active committees under the same local treasury function. For an institutional allocator, this represents a governance risk picture — and a due-diligence posture — that has almost nothing in common with the large-scale, CIO-led UAW Retiree Medical Benefits Trust.